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Rutherford, TN Real Estate


According to census data in the year 2000 there were 586 housing units in Rutherford. This represents a 0.7% decline from 590 in 1990.

Of those housing units, 494 were located in either urbanized areas or urban clusters, and 92 were located in what is classified as a rural area.

Homeownership rate in Rutherford is about 78.8%. Rutherford's vacancy rate, including seasonal lodging, is about 7.5%. Average household size is 2.33 people.

The majority of houses, apartments or condos in Rutherford were built after 1963.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom1.70%
Two Bedrooms41.10%
Three Bedrooms50.20%
Four Bedrooms6.10%
Five Bedrooms or more0.90%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.33
Median year structure was built1964
Median Value of occupied units$48,900
Median Price asked for vacant units$55,000

Rented Homes, Apartments and Condos

Average Household Size2.35
Median year structure was built1960
Median Monthly Rent asked for vacant units$285

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.70%
Home Equity Loan2.80%
Simple Mortgage42.40%
Debt Free50.10%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14%